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CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
May 31, 2013
May 31, 2012
May 31, 2011
CURRENT ASSETS      
Cash and Cash Equivalents $ 17,120 $ 11,903 $ 7,802
Marketable Securities 115,791 161,571 183,964
Total Prepaid Insurance 16,240 0 0
Total Current Assets 149,151 173,474 191,766
Fixed Assets      
Interest in Mining Properties 100,000 100,040 100,040
Deposits 60 60 60
Total Assets 249,211 273,574 291,866
LIABILITIES AND STOCKHOLDERS' EQUITY      
Accounts Payable 68,844 0 0
TOTAL LIABILITIES 68,844 100 100
Common Stock $.01 Par Value, Authorized 10,000,000 Shares 6,012,361 Shares issued including shares in Treasury 60,124 59,974 59,974
Paid-In Capital in excess of Par 83,810 83,810 83,810
Retained earnings 12,019 109,831 116,618
Accumulated Other Comprehensive Income 24,519 19,964 31,469
Treasury Stock (105) (105) (105)
TOTAL SHAREHOLDERS’ EQUITY 180,367 273,474 291,766
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY $ 249,211 $ 273,574 $ 291,866